Innovation and
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Innovations in China
Intense pressure from the US-China trade war has started a transformation in Chinese innovation: shifting the focus from sheer number to higher quality. The promulgation of China’s 14th 5-Year Plan seals the trajectory of this movement.
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IP Monetization in ChinaIP regime in China
How historical trends shed light on the development of China’s cultural and creative industry under the new, global norm
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At the inauguration of US President Joe Biden, the global market saw a surprise from new media platforms leveraging IP and new technologies. The stock price of Netflix, the leading company amongst them, soared 13% in one day. This movement in the market reflects the positivity surrounding the cultural and creative content delivered online, especially when the pandemic may continue to lock down a hefty portion of the world for the near future.
Similar trends are also happening in China. Taking a closer look at China’s cultural and creative industries – and Netflix’s counterparts – offer interesting observations. |
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